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Re: Doubledownga post# 412

Thursday, 02/02/2006 8:03:59 PM

Thursday, February 02, 2006 8:03:59 PM

Post# of 469
D - Here's a portion of a post by servc(below);

Could be a little high but a good example of what I am expecting.

IF they do a 1 for 50 at today's price we will would open at .07, if it goes higher, we are in the green, I'm looking for +2.0 myself.

But again, you never know with these things!

Have a great night and good luck,

O

Re-post;
"Let’s now apply some fundamentals from the facts from the revenues we know that have been and will be generated. From looking at the amount that was publicly given to us in previous PRs, it appears that RWNW will be generating $29 Million to $61 Million per year. It was mentioned that the company expects to clear at least $25 Million as profits which still could be on the low end. For our purposes, I will consider RWNW only making the low end of $25 Million per year as profits as a worse case scenario. This means that RWNW would net $25 Million as Income to be filed in their financials post-reverse merger/split. From this, observe below to get a feel of where RWNW should be trading at post-reverse merger given the post-reverse merger OS of 48,163,265 as we derived from above:

$25,000,000 ÷ 48,163,265 = .519 cents EPS (Earning Per Share)

Multiplying that .519 cent EPS with a conservative PE Ratio of 12 and you get:

.519 x 12 PE Ratio = $6.22 per share post reverse merger "



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